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Last Updated: Wednesday, 15 November 2006, 13:12 GMT
Newcastle takeover talks continue
By Saj Chowdhury

Newcastle United
The Belgravia Group has revealed discussions are continuing with Newcastle United about a possible takeover of the Premiership club.

The club confirmed they had been in talks with the Jersey-based firm but as yet had not received a formal proposal.

"Talks are continuing with Newcastle United and we are keen to do a deal," a spokesman for Belgravia told BBC Sport.

Reports at the weekend suggested that Magpies chairman Freddy Shepherd wants to assume sole control of the club.

Shepherd already owns 28% of the club, while former chairman Sir John Hall has a 29% share and his son Douglas owns a 12% stake.

606: DEBATE
BN

The Newcastle chief has been under pressure to leave his post with fans blaming him for the club's current predicament.

The Magpies, led by manager Glenn Roeder, lie third from bottom in the Premiership having won just two league games this season.



SEE ALSO
Shepherd backs beleaguered Roeder
07 Nov 06 |  Newcastle United
Newcastle Utd slide to 12m loss
27 Oct 06 |  Business
Newcastle deny takeover bid talk
24 Oct 06 |  Newcastle United
Investors eye Newcastle Utd bid
21 Aug 06 |  Business


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